Back @ Work. Appreciating Power of Platform.

After ~4 months on sabbatical I returned to work at Dwolla this week. I wasn't sure how I would feel but I'm happy to be pleasantly sitting here Saturday morning reflecting with a smile on my face. This week was really nice. I'm aware that my perspective has shifted after some time to think. I… Continue reading Back @ Work. Appreciating Power of Platform.

$1,000,000 in liquidity for $164.38. Solving for real-time with a bit of cash.

The topic of funds availability came up with a large potential partner on a call a few weeks ago. When funds are available to the recipient in an electronic transaction is more often than not a function of the Transfer Type that's being used to exchange money. In the US, there are many Transfer Types… Continue reading $1,000,000 in liquidity for $164.38. Solving for real-time with a bit of cash.

Talking Programmable Payments with Currency Cloud

I had an opportunity to talk with Jeff Forkin at Currency Cloud a few weeks ago about programmable payments and the approach we've taken at Dwolla. You can listen to the discussion below. Looking back on when I was first introduced to the Currency Cloud team and Stephen Lemon, it's amazing how far FinTech has… Continue reading Talking Programmable Payments with Currency Cloud

Sessions of money, data, and trust

The internet is full of sessions. From the most the most obvious to obscure — browser sessions, driving a car, phone calls, playing a game, and too many other examples to list. One of the design considerations for Dwolla's Labels technology was how to grant access to something that can't own an asset. Like a… Continue reading Sessions of money, data, and trust

Building a $10M+ revenue business on the Dwolla ecosystem

The Dwolla ecosystem is now big enough that businesses can be built around it and start generating substantial revenue. I was talking to a friend the other day who was thinking about starting a new company and I laughingly mentioned the fastest path to revenue I knew of right now was to build around the… Continue reading Building a $10M+ revenue business on the Dwolla ecosystem

Understanding Dwolla Customer Types

When building a Dwolla platform application it's important to understand the Customer Types you can use. These are building blocks for your funds flows and the right end user experience. There are 3 Customer Types to understand. They are outlined on the Dwolla developer website but lately I find myself drawing them on a whiteboard… Continue reading Understanding Dwolla Customer Types

Capital Pool Conundrums

When money moves, en masse, there are typically collateral requirements somewhere. To oversimplify it, that's basically money (cash) one party has to give someone else in case something goes wrong. Sophisticated organizations might be able to use a bond, letter of credit, debt vehicle, or some other type of asset but most of us get… Continue reading Capital Pool Conundrums

Servicing millions of end users through one Dwolla integration

Dwolla released support for third party technical integrations this week. This is substantial for our clients because it opens up connectivity between applications built on Dwolla, and also opens up connectivity to third parties. For businesses, it's a way to reach millions of end users through a single integration. For existing Dwolla clients, it's a… Continue reading Servicing millions of end users through one Dwolla integration